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NEWS RELEASE: Eddy Home Announces the Launch of Flood Detection H2O Sensors

Eddy Home continues to offer superior leak detection and water monitoring protection with the launch of our flood detection H2O sensors.

The H2O, an integral part of Eddy Home’s Smart Water Management Solution, a comprehensive Internet of Things (IoT) powered system that tracks water usage and detects abnormal patterns to identify leaks ranging from minor water loss to disastrous pipe bursts. The H2O provides an additional real-time water-sensing capability to more immediately detect a leak in problem areas, such as under water heaters and dishwashers.
H2O leak and flood detection sensorThe H2O, in addition to enhancing Eddy Home’s leak protection capabilities, is a valuable tool for property managers and condominium corporations to mitigate expensive water-related damage. The H2O provides a 360-degree view of the water environment, including variances in temperature and humidity, which may be early warnings of problems such as mold, flooding, and freezing pipes. Information and alerts are communicated to customers through the MyEddyHome App, text, or email.
With billions incurred each year in North America in water-damage claims, proactive monitoring solutions offer significant water-damage mitigation opportunities to homeowners and condominium corporations alike.
“High-rise buildings face significant water damage risk and, in some cases, have had losses so great that insurers have refused to continue insuring them,” elaborated Shawn Dym, Eddy Home’s President. “Our H2O provides regular reports to property managers, ensuring that water-related issues are addressed well before becoming costly disasters.”
Please click here to read more about the Eddy H2O release on Release Wire. 
About Eddy Home
Founded in 2014, Eddy Home is an industry leader in leak protection and water visibility solutions. Our suite of smart products offer a comprehensive water management system for homeowners that protects, controls, and conserves. Our products have saved thousands of customers millions of litres of water by continuously monitoring water usage in their home, and if something unusual is detected, alerting them to the issue. For more details, please contact us at 1 877 388 3339 or email
info@eddyhome.com.

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Paul Pathak​

Director

Paul Pathak is a partner of Chitiz Pathak LLP. Paul practices principally in the areas of corporate, securities, corporate finance, mergers and acquisitions and commercial law. He represents and provides sophisticated guidance to private and public corporate clients in a broad range of industries, including mining, technology, manufacturing, venture capital and merchant banking.

George Krieser​

Director

George Krieser founded Total Credit Recovery Limited (“TCR”) in 1980 and is the President and Chief Executive Officer. TCR is the largest 100% Canadian-owned and operated collection agency, solely collecting Canadian debt. George previously served as a Director of Universal Energy. He also served as a member of the board of directors of Baycrest Foundation and as a member of the fundraising committee for UJA Federation of Greater Toronto.
Gary Goodman​
Director
Gary Goodman is a Trustee and Chair of the Audit & Risk committee of Boardwalk Real Estate Investment Trust., a former Chairman of Huntingdon Capital Corp., trustee of Gazit America & Brightpath Early Learning, and is a member of the advisory boards of the Vision Funds. Gary was previously Executive Vice President of Reichmann International where he served as a senior financial executive and trusted advisor for over 30 years.

Chris Gower

Director

Chris Gower started his career in construction on the tools – framing houses, where he grew a deep appreciation for the trades. Prior to his current role as Chief Operating Officer, Buildings at PCL Construction (“PCL”), Chris held positions including construction risk manager, senior project manager, district manager and regional vice president. Throughout his more than 25 years at PCL, he has delivered iconic construction projects across Canada, Australia and the United States.

June Thomson

EVP, Sales, Marketing
& Business Development

June joined the Eddy team coming from Enercare after 10+ years in various roles, most recently as Vice President of the North American Builder Division. June has been in the HVAC industry for over 41 years, holding several roles throughout her career from Technician to Provincial Offences Officer.

Saj Khan

COO & President

Sajid Khan helped launch Eddy Solutions and has been in the role of Chief Operating Officer since inception. With more than 20 years of leadership and operational experience in the home services sector, Saj has held roles such as COO of Eco Energy Service, Vice President of Operations at both National Home Services and Universal Energy.

Boris Baril

CFO

With more than 25 years of financial experience, Boris has held both public and private company CFO roles; supported two (TSX listed) initial public offerings (IPOs), debt and equity capital raises, and M&A transactions. Boris graduated from York University and is a CPA, CA.

Mark Silver

CEO & Chairman

Mark L. Silver is President of Optus Capital Corporation. Mr. Silver has made significant real estate investments in both development stage and income producing properties in the residential, commercial and industrial sectors over his 35 year business career. Over the last 22 years, these investments have been made through his company, Optus Capital Corporation. Mr. Silver was a founding partner and Chief Executive Officer of Universal Energy which was sold in 2009 to Just Energy Group Inc. He co-founded Direct Energy Marketing and grew the company to over $1.3 billion in revenues before selling to Centrica PLC (also known as British Gas) in 2000.